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Peninsula Land consolidated net profit declines 53.41% in the March 2024 quarter

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Sales decline 21.87% to Rs 113.47 crore

Net profit of Peninsula Land declined 53.41% to Rs 24.51 crore in the quarter ended March 2024 as against Rs 52.61 crore during the previous quarter ended March 2023. Sales declined 21.87% to Rs 113.47 crore in the quarter ended March 2024 as against Rs 145.24 crore during the previous quarter ended March 2023.

For the full year,net profit rose 32.72% to Rs 128.78 crore in the year ended March 2024 as against Rs 97.03 crore during the previous year ended March 2023. Sales declined 42.84% to Rs 572.04 crore in the year ended March 2024 as against Rs 1000.71 crore during the previous year ended March 2023.

 
ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales113.47145.24 -22 572.041000.71 -43 OPM %26.7519.55 -22.3810.50 - PBDT26.1927.33 -4 99.7182.88 20 PBT25.1326.78 -6 90.9580.23 13 NP24.5152.61 -53 128.7897.03 33

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First Published: May 28 2024 | 8:27 AM IST

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